Why are unemployment individual savings accounts not an adequate and equitable solution to unemployment protection?

Fuente: Organización Internacional del Trabajo (OIT)
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Bibliographic Details
Main Author: International Labour Organization (Issuing Body)
Format: Entrada de enciclopedia
Published: International Labour Organization 2024
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author International Labour Organization (Issuing Body)
author_facet International Labour Organization (Issuing Body)
International Labour Organization (Issuing Body)
contents Why are unemployment individual savings accounts not an adequate and equitable solution to unemployment protection? International Labour Organization (Issuing Body) This policy brief highlights the limitations of Unemployment Individual Savings Accounts (UISA), emphasizing that they are not an adequate and equitable solution to unemployment protection. It underscores the need for risk pooling and collective financing, established through social insurance mechanisms, and warns against relying on UISA, which increase costs and fail to provide adequate protection for those in temporary, seasonal and low pay jobs. ILO brief. Social protection spotlight, ILO 10.54394/QWMJ1314 DOI https://doi.org/10.54394/QWMJ1314 publication.encyclopediaEntry
format Entrada de enciclopedia
id ilo_995632443202676
institution Organización Internacional del Trabajo (OIT)
publishDate 2024
publisher International Labour Organization
spellingShingle Why are unemployment individual savings accounts not an adequate and equitable solution to unemployment protection?
International Labour Organization (Issuing Body)
Why are unemployment individual savings accounts not an adequate and equitable solution to unemployment protection? International Labour Organization (Issuing Body) This policy brief highlights the limitations of Unemployment Individual Savings Accounts (UISA), emphasizing that they are not an adequate and equitable solution to unemployment protection. It underscores the need for risk pooling and collective financing, established through social insurance mechanisms, and warns against relying on UISA, which increase costs and fail to provide adequate protection for those in temporary, seasonal and low pay jobs. ILO brief. Social protection spotlight, ILO 10.54394/QWMJ1314 DOI https://doi.org/10.54394/QWMJ1314 publication.encyclopediaEntry
title Why are unemployment individual savings accounts not an adequate and equitable solution to unemployment protection?
url https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Why-are-unemployment-individual-savings-accounts/995632443202676